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The idea of delegates in a DPOS system is that they will forge or mint new blocks w their verifying rights on transactions, then rewarded for the effort.In traditional POW system, blocks are mined and miners are rewarded for their hash-power (and luck! Some fundamental flaws under DPOS include potential centralization where minority dictate the fate of majority, and ‘nothing at stake problem’ where delegates cannot be financially penalized besides losing their role.What’s happening in reality is that people participate in an ICO for its project fundamentals as well as its potential, and in some extreme cases people participate in a pump’n’dump scheme to benefit from price manipulation.2) Incentives offered by the network IISS (ICON Incentives Scoring System), an AI driven algorithm from DAVin CI LABS to continuously analyze relevant data on ICON Republic, with a variety of criteria such as each node’s frozen ICX, C-Rep status, ICX exchange volume etc. Incentives are provided automatically through IISS. Also note that freezing ICX (staking in ICON, which allows ICX to be deposited in the DEX reserve pool), is one of the most significant evaluation criteria of IISS.This is however a lot more complex in ICON with many more components as a super chain.In order to clarify this, lets try a real life example Litecoin as a community joins ICON interchain, Charlie Lee is the C-Rep for Litecoin.This is another common misconception that you’re being paid to lock a certain amount of tokens, but in fact you’re paid to provide services to the network.Tokens aren’t exactly staked because you can never lose any during your service, unless of course you decide to attack your own network but then it is going against your own interest and will require insane amount of money (80% MNs), so in a sense this is proof of commitment.

As ICON main net is still yet to launch, any number now is really just guess work.

Masternodes essentially offer the opportunity of both yield and the potential for capital gains.

Becoming a delegate is more like running a project where you’ll need to write proposals, you’ll need coding and scripting skills, you’ll need to provide certain level of security, you’ll need to market and gain users (votes) etc.

A common scenario in DPOS systems, delegates create proposals for why you should vote for them, example Ark Delegates, where most delegate candidates propose profit sharing structure in order to gain votes.